Early results from CMP’s Brokers on Lenders survey prove that with the ever-tightening underwriting, brokers are having to rely more and more on Alt-A and B deals as fewer clients now qualify for prime.
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TD has now joined the increasing number of lenders pushing up fixed rates – a trend expected to see even seasoned brokers return to chasing down leads but also to deepening their value-add beyond basis points.
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It may be impossible to quantify exactly how much business Twitter drives to a company, but one leading broker – who has organized successful community events through Twitter to bolster his hometown’s economy – believes the social media platform is invaluable for building connections.
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